Saudi Arabia pumps $5.5 billion in investments in US bonds during 2024.. Reaching $137.5 billion

The monthly report of the US Treasury Department issued a short while ago revealed that Saudi Arabia raised its holdings of US bonds and treasury bills by the end of last December to $137.5 billion, an increase of $1.9 billion compared to November 2024, an increase of 1.4%, to end the year 2024 with an increase of about $5.5 billion compared to the end of 2023, an increase of 4.2%.

With the recorded increase in the Kingdom’s holdings of US bonds and treasury bills during last December, the Kingdom’s holdings of US bonds have ended their decline that lasted for two months (October and November 2024), during which it lost about $8.3 billion, but the series of increases that extended for 5 months (May – September 2024) in addition to the recent increase in December last year ended last year with an increase of $5.5 billion.

During the year 2024, the Kingdom maintained its 17th position among the largest countries investing in US bonds and treasury bills, while no Arab or Middle Eastern country appeared in the list of the 20 countries most invested in US bonds and treasury bills.

The Kingdom’s holdings of US bonds and treasury bills are distributed between $111.3 billion in long-term terms, representing 81%, and about $26.2 billion in short-term bonds and treasury bills, representing 19%.

The holdings of US bonds and treasury bills by various countries around the world witnessed a decrease of $119.8 billion during last December, falling to about $8.513 trillion compared to about $8.635 trillion in November 2024, but in terms of the entire year 2024, it increased by about $573.7 billion compared to the end of 2023, which recorded about $7.939 trillion, an increase of 7.2%.

Japan leads investors in US bonds and treasury bills with ($1.060 trillion), followed by China ($759.0 billion), the United Kingdom ($722.7 billion), Luxembourg ($423.9 billion), the Cayman Islands ($418.9 billion), Canada ($378.8 billion), Belgium ($374.6 billion), Ireland ($336.2 billion), France ($332.3 billion), Switzerland ($288.5 billion), Taiwan ($255.0 billion), Hong Kong ($255.0 billion), Singapore ($249.0 billion), India ($219.1 billion), Brazil ($201.6 billion), Norway ($157.6 billion), and Saudi Arabia in 17th place.